Hello, @haejin. 2 months ago, you told us that the $14 target was dead ahead. I know that pinning down your dates isn't something that you like to do, but how far away is dead ahead? Because now, you're again telling us that "exciting price reversal is very likely soon." So I have to ask, how soon? If I had invested my $1000 after your last post telling me to BTFD, I would have lost close to 70% up to this point. Wouldn't it have been more wise to simply hold on to my investment until now?
That's why you have to ladder in, even with BTFD. Because we do not know how deep it is going to be.
But I'm more interested in what is going to happened to alts if BTC goes down.
Even with laddering, with something characterized as "imminent" and "dead ahead", I would have probably added in about every 4 days or so, which would still have left me 397.79 of my initial 1000.
That is something that should be improved imminently. 👊
Never ever buy into failure or 'ladder in' a falling stock. That's why 90% of traders lose all their money, doing exactly the opposite to what professionals do.
But isn't this guy a professional?
I'm sure I'm not in a position to comment, lowly minnow that I am :-)